Jiangsu Tongli Risheng Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Tongli Risheng Machinery has a total shareholder equity of CN¥2.3B and total debt of CN¥137.5M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥4.0B and CN¥1.7B respectively. Jiangsu Tongli Risheng Machinery's EBIT is CN¥492.2M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥564.0M.
Key information
5.9%
Debt to equity ratio
CN¥137.50m
Debt
| Interest coverage ratio | -15.8x |
| Cash | CN¥564.00m |
| Equity | CN¥2.32b |
| Total liabilities | CN¥1.66b |
| Total assets | CN¥3.98b |
Recent financial health updates
No updates
Recent updates
Jiangsu Tongli Risheng Machinery Co., Ltd.'s (SHSE:605286) Price Is Right But Growth Is Lacking After Shares Rocket 30%
Dec 02
Estimating The Intrinsic Value Of Jiangsu Tongli Risheng Machinery Co., Ltd. (SHSE:605286)
Oct 28Jiangsu Tongli Risheng Machinery (SHSE:605286) Is Reinvesting At Lower Rates Of Return
Jul 05We Ran A Stock Scan For Earnings Growth And Jiangsu Tongli Risheng Machinery (SHSE:605286) Passed With Ease
May 22Financial Position Analysis
Short Term Liabilities: 605286's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 605286's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥127.4M).
Debt to Equity History and Analysis
Debt Level: 605286 has more cash than its total debt.
Reducing Debt: 605286's debt to equity ratio has reduced from 34.9% to 5.9% over the past 5 years.
Debt Coverage: 605286's debt is well covered by operating cash flow (359.7%).
Interest Coverage: 605286 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 17:23 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Jiangsu Tongli Risheng Machinery Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lei Wang | Zhongtai Securities Co. Ltd. |